Data Management Insight Blogs The latest content from across the platform
Ingres Closes 2010 with Strong Financial Results and Unique Market Position
Ingres Corporation, innovators of VectorWise, a breakthrough analytic database, and provider of open source enterprise grade database, today announced that it is set to close out 2010 with substantial year on year growth, resulting in a strong balance sheet, positive cash flow and increasing profitability. This significant performance was driven by the continued new adoption…
What to Expect in 2011
What a year it has been for reference data management. Data quality has been such a high profile topic that it was discussed during one of the US House-Senate conference committees and, across the pond, was also championed by the European Central Bank’s (ECB) president Jean-Claude Trichet during a number of speeches over the course…
ECB Introduces ABS Loan-by-loan Information Requirements in the Eurosystem Collateral Framework
The Governing Council of the European Central Bank (ECB) has decided to establish loan-by-loan information requirements for asset-backed securities (ABSs) in the Eurosystem collateral framework. The Governing Council intends to introduce the loan-by-loan information requirements approximately within the next 18 months, first for retail mortgage-backed securities (RMBSs) and thereafter gradually for other ABSs. Loan-level data…
EU Capital Requirements Directive Update Specifies Minimum Data Standards for Risk Modelling
The European Parliament has finally published amendments to the Capital Requirements Directive in the Official Journal of the European Union, including an update to the internal risk modelling requirements that specifies that “minimum data standards” must be met. Highlighting the global regulatory focus on improving data quality, the update indicates that supporting data for internal…
The Options Clearing Corporation Announces Two Officer Promotions
Mary Savoie to first vice president, Industry Services from vice president, Industry Services. She will continue as lead manager of the Options Industry Council, an industry cooperative programme of comprehensive options education for retail and institutional investors and financial advisors. Savoie will also manage OCC’s role in organising the Options Industry Conference and OCC’s Corporate…
European Systemic Risk Board Established
The legislation establishing the European Systemic Risk Board (ESRB) came into force today. The seat of the ESRB is in Frankfurt am Main and its Secretariat is ensured by the European Central Bank (ECB). The ESRB is an independent EU body responsible for the macro-prudential oversight of the financial system within the Union. It shall…
Eagle’s Lehner Talks up SaaS, Integration, Global Expansion and Regulation for 2011
Following its decision to move Asian and EMEA managing director John Legrand from his London base out to Singapore earlier this year, Eagle Investment Systems has been actively bolstering its on the ground presence in the two regions and this hiring drive will continue into 2011, according to CEO and president John Lehner. The EDM…
UK FSA Sends Out Yet Another Reminder of 31 December Deadline for SCV Compliance
The UK Financial Services Authority (FSA) has this week sent out another letter (there have been a fair few sent out over the course of this year) to firms’ compliance offices in order to remind them of the 31 December 2010 deadline for compliance with the incoming Financial Services Compensation Scheme (FSCS) Single Customer View…
Asset Control Responds to Growing Data Management Demand with New Hires, Offices
Asset Control, the worldwide leader in financial data management solutions, announced today business expansion efforts including new office openings and the addition of sales staff in Asia and North America to meet growing customer demand. Asia In addition to its office in Hong Kong, Asset Control has opened a new office in Tokyo, Japan. Akifumi…
Kurtosys Announces the Availability of Their Next Generation Reporting Solution
Kurtosys Systems Limited – a global provider of client communications solutions, products and services today announces the availability of their next generation reporting solution. Kurtosys Reporting Solution (KRS) represents the results of research into trends within client servicing and valued input from Kurtosys’ customers and partners to make available a truly business user friendly solution…